December PX contracts settle in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, December PX contracts were settled at €960/ton ($1086/ton with the recent parity) FD NWE on average in Europe. This level indicated a drop of €100/ton ($113/ton) amid split settlements at €940/ton ($1063/ton) and €980/ton ($1108/ton).
Meanwhile, spot PX prices were last reported at around $965/ton FOB NWE, up by around $60/ton from early December levels.
Meanwhile, spot PX prices were last reported at around $965/ton FOB NWE, up by around $60/ton from early December levels.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP markets in China, Vietnam hit 3-year lows, readying to test new lows
- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?
- LDPE prices move below LLDPE, HDPE on global lethargy
- Slide deepens in Middle Eastern PP, PE markets through May
- Oil prices down for fourth straight week, delicate balance ahead
- European ABS under pressure from aggressive imports, PS holds firm
- Türkiye witnesses plentiful PE offers amid globally weak demand
- India PP, PE markets’ slump extends into third month ahead of monsoon
